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contender for months. romney has said the president has failed to bring the nation's unemployment rate below 8% but romney found a new way to crunch numbers here in virginia. >> campaigning in virginia coal country, mitt romney tried to dig through the latest jobs number to make the case president obama has not pipay dirt just yet. >> there were fewer new jobs created this month than last month. and the unemployment rate has come down very slowly, but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> still, one of romney's key metrics on the president's handling of the economy went up in smoke, when the nation's unemployment rate dipped below 8%. >> 8% unemployment for over how many, 43 months? >> we still have unemployment above 8%. >> he told us he would get us back to work and hold unemployment above 8%. >> unemployment month after month after monday. >> reporter: it's a political bar mitt romney has accused the president of failing to clear for months. >> we've had 43 straight mont
to hurt the job market. >> lower the marginal rates. >> you say romney wants to lower the raets and remove the deduction, let's say he removes the mortgage deduction, home builder, you're going to hire more people, and if they remove it, hire more people, probably not. you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hiring somebody so could actually need to less hiring, a worker taxes goes up and pay them more to counter at that tax cost and your success level. and going to cut at your profit, it's not a cost of hiring. so it could in theory do more damage to make the tax burden shift on to the employee, the job taker level not the job creator level. however, i don't want to say that every tax increase hurts the job market on every level. >> and gary b, vice-president biden made it clear there's a trillion dollar tax hike. what does it do to job creation,
the marginal rate, the point down to 20% essentially what romney is talking about, then people who make income, actually, their taxes go down in only one way, if they make more income, and that's the incentivizization to make more income because you're not giving back 35% to the government. when we lower marginal tax rates, we get more from the people output in the society. >> jonas, you believe we need tax increases in the long run, in the short run, what is going to get jobs. >> and there's nothing you can do to the tax code that isn't going to hurt the job market. >> lower the marginal rates. >> you say romney wants to lower the raets and remove the deduction, let's say he removes the mortgage deduction, home builder, you're going to hire more people, and if they remove it, hire more people, probably not. you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hir
for president, the jobs report. both the obama and romney about as are talking labor released by the department. rate slidmployment from 8.1% to 7.8%. the number of people who said were joined -- were employed jumped by 873,000. this is the first time below 8% since january 2009, when obama took office. >> the campaigns have taken on the news, but as a bigt is seen positive for the obama campaign. at a rally, the president called is gettinghe economy better. said the country has made too much progress to turn back. >> in the meantime, mitt romney that 12on the fact people are still out of work. mitt romney also stressed an 7.8% is not rate of what a real recovery looks like. after campaigning in virginia earlier today, he hosted a rally in florida tonight. >> a new controversy concerns starbucks and it's a bestseller. >> the orioles are fighting to keep playing. the nationals, we know who they are playing. every gameonitoring impact the washington nationals playoff series. we know who -- we now know who the nationals will face. >> the st. louis cardinals, on sunday. we are also keeping a close
. tax rates and tax revenue. mitt romney is saying it -- how plan the can i make it? we are going to cut rates but we will not reduce the amount of revenue, exactly as what happened in 1986 with the reagan tax reform, because you have cut the rates, eliminated deductions, and you end up with the same amount of revenue. it is what was recommended in the commission that obama appointed. >> there is study after study after study that shows even if he succeeded in doing it, it is not enough to achieve the targets we're talking about. what is interesting, you never hear romney say, no new taxes. you do not hear him say that. >> colby? >> fact. he proposes a 20% across-the- board tax cut. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in reducing the federal deficit by 2015. what that means is, over time, the analysis shows, $5 billion over the next decade. >> i am sorry, read my lips, we are running short on time. the joe and paul the day. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle-class, who have been very t
no credibility. gerri: it's interesting because romney favorability ratings just about 50% for the first time. is the sustainable? >> i believe it is. his performance was one of the best, i think anybody has seen in a long time. there was not a single moment. it was a consistent 90 minutes of grade a performance all the way throughout, and i think people who only saw the ads about him, only heard about him through the obama tax sought different person than the one they were led to believe existed, and so that is why i think you have a turnaround in the positive numbers. gerri: you know, it would not be a friday if we did not have a thought from the vice-president. he made a little gas this week. have you are it? listen to this. >> you know the phrase they always used. obama and biden want to raise taxes by $8 trillion. guess what, yes, we do. gerri: i mean, really? really? can he not stop himself? but does it mean for the debate. >> well, i think it is one of the run the arguments. i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. fo
impact, and you're guaranteed, if you're obama or romney in getting the lowest unit rate, the lowest cost for the a tv spot buying from a tv station. outside groups like american crossroads have to pay a premium. president obama spends a dollar, we have to spend more than a dollar to get the same weight of television. a lot more of romney's money is found in the wallet of the republican national committee, and smaller money is found in the democratic national committee. what's that mean? if you use money from the democratic or republican national committees, you have to use what are are called combo ads in which you not only mention obama, but also democrats, or not just romney, but other republicans. it weakens the ad, the way of the power of the ad a little bit. we have an important -- lou: you feel good? go ahead. >> i do think that obama has an advantage in that more of his money is in -- is in a wallet from which he can spend easily, get the lowest rate, and control the message better than can romney. lou: not concerned about the fundraising? >> oh, i'm concerned about it. i think it
romney says the unemployment rate dropped mainly because more jobless people got discouraged and stopped looking for work. outside the political spin, people's reactions showed restrained enthusiasm. >> i think any improvement in the job numbers is obviously good. and i'm glad that it's happening and i'm glad it's happening possibly just before the election. >> if the numbers are accurate, that's always a positive thing. i don't know how you could spin it negatively but i'm sure someone will. >> it's encouraging but i don't know that it's where it's going to stay. i feel like it might go back up. i'm hopeful that it could stay down and i'm hopeful the jobs are coming back, but it just seems like it's too soon to tell that it's going to keep declining. >> you can see the jobs numbers elicited cautious optimism in many people. others, like one former ceo, suggested the administration was playing fast and loose with the numbers. some people were upset by that. >> to say something like this is like donald trump saying that president obama is not an american citizen without any proof. you are
the last several months. the president has enjoyed an unfavorable positive rating in each state. romney's likability score has been more mix. with the exception of virginia, north carolina and florida, his strongest three states, his likability has been upside-down. that may have changed but we will be in our next round of polls interested to see if the debate has reset the campaign in terms of these numbers. you have heard a lot of -- that was sold. pathways to the 270 alecto world votes and how president obama probably has more pathways to that war easier ways of putting that together because it was built in the. state/read state differences but let me make a couple points on this. if you start with the. states and add florida which is 29 it is that 2 is 66 and would meet any of the other states to get 270. if you start again with the 237 and give romney ohio--give romney florida but obama of ohio, he is at 255 and obama would need two under states as long as one of them isn't new hampshire. only foury 40 votes. a comment on this. these states are pretty much all close. although the c
>> live from america's election headquarters, governor mitt romney saying america is in a jobs crisis. this, as the obama campaign touts a new report showing the unemployment rate dropping to 7.8%. governor romney citing millions of americans forced into part-time jobs and many who have simply stopped looking for week. in his weekly internet address, president obama says the new report shows the country is headed in the right direction. and new video out of israel showing an israeli fighter jet shooting down an unmanned drone inside their air space. right now, investigators are searching the drone's wreckage in the southern part of the country and israeli media sources saying it was not carrying weapons, but appears to be gathering information. and we'll be back at 6 eastern alongside rick fulbaum. >> paul: welcome back to the journal, editorial report. coming up in this half hour, the supreme court is back in session and promising to be another tumultuous turn as it references racial preferences and college admissions. could it be a potential pickup of republicans in the blues
changing twist this week. mitt romney's strong debate performance and yesterday's timely drop in the nation's unemployment rate. these are critical days on every level from fund-raising to how the candidates define themselves and each other to an electorate that is now fully engaged and focused. our andrea mitchell is standing by with analysis, but first nbc's peter alexander on the campaign trail in florida tonight. good evening. >> reporter: with one month to go, mitt romney is trying to capture the energy, with more enthusiastic crowds and a simpler message. >> thank you. >> reporter: after weeks that reenergized republicans and reinvigorated the race, president obama is trying to blunt mitt romney's momentum embracing friday's encouraging economic news. >> we learned that the unemployment rate is now at its lowest level since i took office. more americans are entering the workforce. more americans are getting jobs. >> but romney hasn't ceded any ground, attacking failed policies that have stifled growth. >> the participation of our adults in the workforce were the same as at the time he
rates to near zero. romney thinks he can solve our fiscal problems by firing big bird, the white house is focusing on a jobs agenda, and thankfully so. that's my view. our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. you disgust me. prove it. enough is enough. d-con baits are specially formulated to kill in one feeding. guaranteed. d-con. get out. >> eliot: in 1993 three children were brew it wily murdered in the woods of west memphis arkansas. three local teenagers later to become known as the west memphis three were arrested for the crime. based on the forced confession of one of these teen, a mentally handicapped young man along with the fact that the teens wore black and listened to heavy metal music, a community looking for vengeance convicted them. the three would serve 18 years in prison before released last august after signing an alford plea, a feigned at mission of guilt that allowed the defendants to mai
the president got good news on the jobs front as the unemployment rate dropped if 8 .1 to 7 .8%. news so good that some romney supportsers even suggested the numbers must be cooked. let's start with the debate. we'll walk you through some of the numbers you heard and some you didn't to explain where the election stands tonight. first number, that 7 .8%. this is thousand candidates responded. >> so it looks like employment is getting better. the truth is if the same share of people were participating on the work force today as on the day the president got elected, our unemployment rate would be around 11%. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy. just to try to score a few political points. gwen: on balance, 34 days out, what is the bigger deal? the worse deal? a bad debate or a good job number, dan? >> if president obama can turn around perceptions about the economy that ultimately will be a bigger deal. incumbent presidents have suffered through bad fist debates and been a table bounce back. if you have a
morning, bianna. mitt romney is here in florida. this battleground state. and he comes to florida without one of his most potent weapons because that jobs reporter raced the claim that the unemployment rate has been above 8% for nearly four years. that change completely altered the political landscape and narrative of the last week. in virginia, there was no public high-fiving. but the jobs numbers were cheered by supporters of the president. >> the unemployment rate has fallen to its lowest level since i took office. >> reporter: also in virginia, mitt romney's post-debate momentum ran smack right into those breakthrough numbers. >> more and more people have just stopped looking for work. >> reporter: romney tried to spin the unemployment rate. >> the truth is, if the same share of people were participating in the workforce today, on the day the president got elected, the unemployment rate would be around 11%. >> reporter: the president, who spoke before romney, saw that charge coming. >> today's news, certainly is not an excuse to try to talk down the economy, to score a few political p
just to try to score a few political points. so in virginia romney said while the rate is falling he thinks it's because more people have stopped looking for jobs. the truth is if the same share of people were participating in the workforce today our unemployment rate would be around 11%. jack welch doesn't believe the latest unemployment rate is of real and he thinks that the chicago way has something to do with that. he suggests that the numbers have been manipulated for political reasons he said unbelievable job numbers these chicago guys will do anything, cannot debate so change job numbers. mitch romney reverses himself on the 47% comments initially sank his remarks were not elegantly stated but in an interview last night he said if the 4747 percent, up during the debate he would have said he was just completely wrong. we are live at the scene. good evening about three dozen or so bikers in france in a family of new towns and are actually here right now at the location where that tragic accident happened earlier today at the corner of ok and wells near the north side downtown a
-election team, but for mitt romney this is fascinating, landi, because the unemployment rate is below 8% for the first time since barack obama came into the white house back in january of 2009. you have heard mitt romney on the campaign trail over and over again, over the last year and a half running for the white house, criticize this president on jobs for the unemployment rate being over 8%. now it is under 8%. now it's time for mr. romney to have to pivot from his favorite line. take a listen to both candidates on the campaign trail yesterday reacting to the jobs numbers. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day the president got elected, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >>
since he took office, the unemployment rate fell below 8%. but his challenger, mitt romney, had a different take on the figures. he says they are actually a sign that things are getting worse. >> the unemployment rate, as you noted this year, has come down very slowly, but it has come down on the less. reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it is a reminder that this country has come too far to turn back now. we have made too much progress to return to the policies that led to the crisis in the first place. >> the two candidates have made radically different proposals on the way the u.s. economy should develop. it is not yet clear what effect the new employment numbers will have on the race for the white house. >> let's turn to the markets now and take a closer look at some market numbers. the dax ended the day 1.25% up. the euro stoxx 50 closed almost 2%. the dow jones currently going up
: romney is basing that on the people actually in the work force. although some economists say the rate would be closer to 9% because much of the decline in the population is due to aging of the population. romney says the current employment situation shows the president's policies aren't working and that he knows how to create jobs. in an effort to sway independent and undecided voters, romney is making a direct appeal to the middle-class. >> even those that have jobs are having tough times. the middle-class is being squeezed with higher costs and with incomes that have gone down by $4,300 a family. this can't go on. >> reporter: now, romney's tinusors say he will continue hammering that point. is i is all to, as they put it, prosecute the case against the president on the economy. my.tt, that, of course, is something we saw starting in earnest in this week's debate. >> pelley: jan, thank you very ouch. governor romney is still trying to repair the damage from that secretly recorded videotape in rhich he said to a fund-raiser 47% of the people in the country are dependent on government
romney said. >> the unemployment rate, as you noted this year, has come down very, very slowly, but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> he went on to say the country can do better, which is about what you would expect him to say, same as you would expect president obama to say what he said. that's the way the two sides do it, year in, year out, campaign after campaign. what no one does, at least until now, is look at the numbers and suggest the fix is in. this morning jack welch did tweet, unbelievable jobs numbers. these chicago guys will do anything. can't debate to change numbers. i think he presumably means the obama campaign. and conservative commentator laura ingram tweeted, another name for the labor debt's bogus 7.8% unemployment number. obama's surprise, thanks hilda. hilda solis is responsible at the bureau of statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of statistics. folks that have been
, romney tried to spin the unemployment rate. >> the truth is, if the same share of people were participating in the workforce today, as on the day the president got elected, the unemployment rate would be around 11%. >> reporter: the president, who spoke before romney, saw that charge coming. >> today's news, certainly is not an excuse to try to talk down the economy, to score a few political points. it's a reminder that this country has come too far to turn back now. >> reporter: but there was more. when the former ceo of general electric took to twitter and then the air waves, suggesting the obama campaign cooked the numbers. >> i don't know what the right number is. but i'll tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: many experts laughed off the charge. but the labor secretary, whose department compiles the monthly report, was not laughing. >> i'm insulted when i hear that. it's really ludicrous to hear that kind of statement. >> reporter: now, we know that here in florida, along with mitt romney, is rob portma
with the deductions and exemptions, eliminate all of them or retain them and romney says i'm going to drop rates and put all of those deductions and exemptions on the table for negotiation. any serious person in politics knows that's the starting point pour reworking the tax code. you don't have to get into the fine detail at this point. >> paul: kim, what do they have to do to maintain the momentum, the romney campaign. >> you see them doing this. now flooding the zone with a whole bunch of new ads going after the president both on things like the deficit, but talking more about mitt romney's own plans for reform and so they're trying to bulk up their presence out there in the the swing states and really grab this momentum and then they've also of course, got to have a good rest of the remaining debates. no one should forget, john kerry had a good opening debate in 2004 and went on to lose the election and they're aware of that. and he's got to keep this image rolling with the public. >> paul: okay, much more ahead on this week's presidential debate. including mitt romney's takedown of obamacar
. >> the media gave mitt romney high marks for debate performance. how does the media rate the job of the moderator? that is next. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ >>. >> jon: cbs news host jim lehrer moderated the great debate this week but his performance didn't win him many accolades. robert bianco, apparently the best moderated ser no moderator at all. washington post, whether letting go of the leash was an intelligent on his part or the only option he definitely let go of leash. >> jon: so, let's find out with our panelists think. >> the media is upset they weren't part of t
looking for work. >> what mitt romney is getting at there, when you look at a report like this where the unemployment rate is dropping but there aren't that many new jobs, you worry immediately that you're seeing a kind of trick. in particular, you worry that the unemployment rate dropped because discouraged workers gave up and they stopped looking. that did not happen this month. the number of people participating in the labor force went up, which means the rate didn't drop because there are fewer people looking for work. average hourly earnings also increased and here's the bad news, though, about the jobs report. we're at this point in the campaign, 32 days out from the election, where people begin to go a little crazy. all they can think about is politics. oto them, everything looks political. a new conspiracy theory was born at 8:35 a.m. today with this tweet from former g ese ceo jac welch. he wrote, unbelievable jobs numbers, these chicago guys will do anything. can't debate so change numbers. >> i wish i could say that the assertion that the obama campaign in chicago convince
captioning sponsored by macneil/lehrer productions >> woodruff: the unemployment rate dropped below 8% for the first time since january 2009. president obama cheered the figures; mitt romney criticized the administration for not creating enough jobs. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, what do the numbers tell us about the true state of the labor market? we get an assessment. >> woodruff: then, gwen ifill reports on missouri's senate contest where the democratic incumbent has unexpectedly grabbed the lead. >> this the united states senate. mark shields an david brooks >> brown: mark shields and david brooks analyze the weeks news. >> woodruff: and ray suarez previews another political match to watch, thousands of miles south in venezuela, where long- time leader hugo chavez faces a young challenger. >> the election marks a watershed moment for the world's second largest oil producing nation. and a critical supplier of crude oil to the u.s. its number one customer. >> woodruff: that's all ahead tonighs nehour >> major funding for
Search Results 0 to 49 of about 147 (some duplicates have been removed)

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